Udayavni Special

IRCTC makes blockbuster debut; zooms over 101 pc in debut trade


PTI, Oct 14, 2019, 11:18 AM IST

New Delhi: Shares of Indian Railway Catering and Tourism Corporation (IRCTC) zoomed over 101 per cent in debut trade on Monday against its issue price of Rs 320.

It listed at Rs 644, reflecting a huge jump of 101.25 per cent as compared to the issue price on the BSE.

On the NSE, it skyrocketed 95.62 per cent to Rs 626 in opening trade.

The company’s market valuation stood at Rs 10,972 crore in morning trade.

The initial public offering of IRCTC was a huge hit among investors, subscribed 111.91 times earlier this month.

The Rs 645-crore IPO was in a price range of Rs 315-320 per share.

IRCTC is the only entity authorised by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

BSF opens fire at drone along Indo-Pak border in Punjab’s Amritsar sector

Any person from outside Gandhi family should become next Cong chief, not Rahul Gandhi: Athawale

Maha Terror case: SC says ATS not barred from investigation till NIA took over probe

India-Lanka ties getting stronger and stronger: PM Modi

Yediyurappa asks Nalin Kumar Kateel to not make disparaging remarks against Rahul Gandhi

Karnataka bans celebrity birthday parties at child care homes

Taliban behead woman athlete who was part of Afghan junior women’s national volleyball team

Related Articles More

High oil prices will undermine global recovery, warns India

Markets skid for 2nd day as profit-booking takes hold

Jio gains 6.49 lakh mobile users in Aug; Airtel adds 1.38 lakh

Ola restructures organization to strengthen mobility biz

SEC report questions trading apps after GameStop frenzy

MUST WATCH

Air Layering Method – How It’s Made

News Bulletin 20-10-2021

Mysore Ambaari Bus Trip | Dasara 2021

Elephant Attack at Tibet Camp in Hunsuru

Pady Harvesting Mechine fare hike


Latest Additions

BSF opens fire at drone along Indo-Pak border in Punjab’s Amritsar sector

20 more acquitted in 2013 Muzaffarnagar riot case

Minor girl gang-raped in Kerala, four held

Any person from outside Gandhi family should become next Cong chief, not Rahul Gandhi: Athawale

Maha Terror case: SC says ATS not barred from investigation till NIA took over probe

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.